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CHENNAI PETROCHEMICALS
From floods to war, state-run oil firms prove indispensable despite repeated privatisation bidsIndia's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts. Despite pa...- Chennai Petroleum Corporation gets Navratna status, becomes 28th such CPSEChennai Petroleum Corporation Ltd (CPCL) has achieved Navratna status, a significant upgrade granting it greater financial and operational ...
- How Ashish Kacholia, Mukul Agrawal, Madhu Kela, Dolly Khanna reshuffled portfolios amid Iran war?Amid a sharp market sell-off triggered by Iran war tensions and rising oil prices, marquee investors like Ashish Kacholia, Mukul Agrawal, M...
- US sanctions six Indian firms over Iranian petrochemical importsThe United States has sanctioned six Indian companies. These companies are accused of importing petrochemicals from Iran. The sanctioned co...
- Dolly Khanna picks stake in 2 smallcap stocksAs per the latest corporate shareholdings filed, Dolly Khanna publicly holds 24 stocks with a net worth of over Rs 535.5 crore, shows Trend...
- RIL, ONGC, Chennai Petrochem rally up to 11% after govt cuts windfall taxes on fuel exportsForeign brokerage Morgan Stanley said oil refiners such as Reliance Industries, Oil India and ONGC will see a reduction in overhang and equ...
- Dolly Khanna picked stake in this multibagger in June quarterShares of Chennai Petrochem have rallied as much as 170 per cent in the year 2022 so far. The stock gained up to 150 per cent during the re...
- RIL, MPRL, Chennai Petrochem tank up to 13% as govt raises excise duty on fuelAccording to the sources, crude oil producers made a windfall profit of $45-47 per barrel because of elevated crude oil prices in the inter...
- Record margins ignite rally in standalone oil refinersGRMs is the amount that refiners earn from turning every barrel of crude oil into refined fuel products. The Asian benchmark touched new hi...
- Tamil Nadu govt categorises specialty chemicals and petrochemicals as 'sunrise' sectorsThe government has leveraged investments for setting up three large petrochemical projects in Tuticorin, Nagapattinam and Cuddalore, the Mi...
- Manali Petrochemicals records its best annual performance in FY 20-21The petrochemical manufacturing company that is part of AM International - Singapore recently announced its annual results for FY20-21 wher...
- Tamilnadu Petroproducts’ profit more than doubles in FY21The Board of TPL has recommended a higher dividend of 25% for FY20-21, (15% in the previous year) subject to members' approval.
- National Fertilizers, 2 others list commercial papers on BSECommercial paper is an unsecured money market instrument issued in the form of promissory notes.
- Haldia Petrochem makes fresh bid for Nagarjuna refineryThe offer from Haldia, submitted on October 10, will soon be deliberated by the lenders committee with dues, including interests, exceeding...
- Iran to double down on investment in oil's growth engine IndiaSurging oil demand in India is prompting almost all big global players to devise new plans for the country.
- Creditors of Nagarjuna Oil told to explain liquidation valueThe committee of creditors (CoC) has to submit its explanation before the Chennai bench of National Company Law Tribunal (NCLT) on Tuesday.
- Nagarjuna Oil goes for liquidation as bidding failsNCLT dismissed a petition by employees seeking to ensure their rights, as the process of liquidation was out to take place, on certain grou...
- Manali Petro Q1 net profit more than doubles to Rs 15 croreManali Petrochemicals Ltd posted a profits at Rs 14.73 crore up 115 per cent for the first quarter ending June 30.
- Petrochem investment region to create 7.5 lakh jobs in Tamil Nadu: GovernmentThe Petroleum Chemicals and Petrochemicals Investment Region, proposed to be set up in TN districts, is expected to generate over 7.5 lakh ...
- IOC to invest Rs 25,000 cr for new 15 MT refineryState-run Indian Oil Corporation plans to invest about Rs 25,000 crore for setting up a new 15 million tonnes refinery and petrochemicals c...
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